Disclaimer
Bintense.au is owned and operated by Digitex Corp ACN 643 966 250 DCE No. 100713696-001 (Bintense, we, us, our).
Unless otherwise expressed, all terms used in this notice, which are defined in the Bintense Terms of Use (Terms of Use) have the same meaning and construction as in the Terms of Use.
RISKS DISCLOSURE
You agree that you are free to choose whether or not to use the service provided to you by Bintense and that you do so at your sole option, discretion and risk. The exchange of digital currency is considered a risky transaction with highly speculative outcomes. Bintense does not guarantee any profit from any activity associated with its services.
– You agree that you are free to choose whether or not to use the service provided to you by Bintense and that you do so at your sole option, discretion and risk. You confirm that you understand and agree that the risks associated with the Services are acceptable to you, taking into account your objectives and financial capabilities.
– You acknowledge that purchasing or selling Cryptocurrency carries significant risk. Prices can fluctuate significantly and may occur rapidly without warning on any given day. Because of such fluctuations, Cryptocurrency may gain or lose value at any time. Cryptocurrency may be subject to large swings in value and may even become absolutely worthless. Past performance is not a reliable indicator of future performance. Cryptocurrency trading has special risks not generally shared with official currencies, goods or commodities in a market. Unlike most currencies, which are backed by governments or other legal entities, or commodities such as gold or silver, Cryptocurrency is a unique kind of assets which may not have a centralised issuer or backer.
– You should carefully consider if holding Cryptocurrency is suitable for you depending on your financial circumstances. Dealing, trading and holding Cryptocurrencies involves significant risk. Cryptocurrencies may be subject to high volatility in value, volume and liquidity, which can result in price, value and counter-party uncertainty. The value of a Cryptocurrency may may be influenced by many factors, including irrational (or rational) bubbles, loss of confidence in the token, changes in software development, government decisions, creation of a competitive token, technical problems, political or non-political statements, statements of influencers and news and hacker-attacks.
– Your Cryptocurrency assets may be lost by losing your password, private key or other security code. Transactions in Cryptocurrencies are usually irreversible, which means that losses due to fraudulent or unauthorised transactions may not be recoverable. Cryptocurrencies The risk of loss in buying, selling or holding Cryptocurrencies can be substantial. You should therefore carefully consider whether trading, exchanging or holding Cryptocurrencies is suitable for you in light of your financial situation and objectives. Be careful to keep your private keys, passwords, security codes and wallet addresses for yourself and apply appropriate security and recovery measures. You will be responsible for all transactions under your Bintense Account, whether you authorised them or not.
– Third parties, such as payment providers, custodians, and banking partners may be involved in the provision of the Services. You may be subject to the terms & conditions of these third parties, and Bintense may not be responsible for any loss that these third parties may cause to you.
– Given the nature of Cryptocurrencies and their underlying technologies, there are a number of intrinsic risks, including but not limited to: (i) faults, defects, hacks, errors, protocol failures or unforeseen circumstances in relation to a Cryptocurrency or the technologies or economic systems on which the Cryptocurrency relies; (ii) transactions in Cryptocurrencies being irreversible, which may result in fraudulent or accidental transactions being irrecoverable; (iii) technological development leading to the obsolescence of Cryptocurrencies; (iv) delays causing a transaction not to be settled on the scheduled delivery date; or (v) attacks on the protocol or technologies on which a Cryptocurrency depends, including but not limited to distributed denial of service, phishing, double spending, majority-mining, consensus-based or other mining attacks, forks or spoofing.
– You acknowledge and agree that Bintense does not act as a financial advisor, does not provide investment advice services or guidance, and any communication between you and Bintense cannot be considered as investment advice or a recommendation to buy, sell or hold any Cryptocurrency. It is your sole responsibility to determine whether your financial resources are adequate and your risk appetite is appropriate to enter into any transaction using our Services. Without prejudice to our foregoing obligations, in asking us to enter into any transaction, you represent that you are solely responsible for making your own independent appraisal and investigations into the risks of the transaction. You represent that you have sufficient knowledge, market sophistication and experience to make your own evaluation of the merits and risks of any transaction and that, where required, you have received professional advice thereon. We give you no warranty as to the suitability of the Services and assume no fiduciary duty in our relations with you. We may provide information on the price, range, volatility of Cryptocurrencies and events that have affected the price of it, but this is intended to only constitute factual information and should not be construed as investment advice. Any decision to purchase or sell Cryptocurrency is your sole decision and is taken at your own risk.
– Changes in laws and regulations may materially affect the value of Cryptocurrencies. This risk is unpredictable and may vary from jurisdiction to jurisdiction. – We do not guarantee that the Services will be available at any particular time or that the Services will not be subject to unplanned service outages or network congestion. It may not be possible for you to buy, sell, store, transfer, send or receive Cryptocurrencies when you wish to do so.